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Our Tax Technology Solutions

Cloud based technology designed to drive greater tax function effectiveness and efficiency

Legal Entity Management

A dynamic solution that manages vital company data, documents and organizational relationships.

State Apportionment

A powerful solution to streamline state and city apportionment data and calculations.

Income Tax Provision

A comprehensive income tax accounting solution designed for accuracy and simplicity.

Tax Technology BEYOND the Spreadsheet

Integrated Tax Lifecycle

The Tax Lifecycle is a continuous progression generally started with an enterprise’s annual income tax provision and continuing through the planning and forecasting phases. The process is tied to various regulatory deadlines and must be adhered to.

Tax Lifecycle PROVISION & FINANCIAL STATEMENT AUDIT EXTENSIONS ESTIMATED TAX PAYMENTS TAX COMPLIANCE TAX AUTHORITY AUDITS & DEFENSE AMENDED TAX RETURNS TAX PLANNING & REPORTING BUDGETING & FORECASTING

PROVISION & FINANCIAL STATEMENT AUDIT

At the close of every year and quarter, companies recognize income tax expense or benefit in accordance with FASB Accounting Standards Codification 740, Income Taxes (ASC 740). ASC 740 prescribes the methodology for the recognition, measurement and disclosure of income taxes.

EXTENSIONS

Due to the time constraints endured during the compressed tax accounting close, enterprises generally extend their tax compliance obligations to afford additional time to file income tax returns.

TAX COMPLIANCE

Companies prepare and file their annual income tax returns following a set of jurisdiction-based complex rules and regulations which are subject to ongoing change.

BUDGETING & FORECASTING

Due to the generally large cash outlays required during the tax year, tax obligations should be forecasted to ensure coordination with overall business operations.

TAX AUTHORITY AUDITS & DEFENSE

Tax returns are subject to the scrutiny of the various taxing jurisdictions in which a company operates or may be deemed operating.

TAX PLANNING & REPORTING

As one of the largest expenses on a company’s income statement, income tax planning is necessary to ensure obligations are met without sacrificing tax efficiency.

ESTIMATED TAX PAYMENTS

Companies need to comply with various federal, state, local and country specific rules and regulations to remit estimated tax payments periodically throughout the tax year.

AMENDED TAX RETURNS

Due to a multitude of factors, companies may be required to amend previously filed tax returns that may increase or decrease the amount of tax previously reported.

Latest News

Education program expands to welcome more CPA licensure candidates

Education program expands to welcome more CPA licensure candidates

The Experience, Learn and Earn program now offers an affordable path to 150 credit hours to a larger group of accounting graduates.

PKF O’Connor Davies strikes a deal with private equity

PKF O’Connor Davies strikes a deal with private equity

The top 30 firm announces investment by two entities in the continuation of an industry trend.

PCAOB amendment addresses registration of inactive firms

PCAOB amendment addresses registration of inactive firms

The adopted rule empowers the PCAOB to withdraw the registration of firms that don’t file annual reports and don’t pay annual dues for two consecutive years.

FASB seeks comments on newly proposed interim reporting guidance

FASB seeks comments on newly proposed interim reporting guidance

The guidance is intended to improve and clarify current guidance as opposed to fundamentally changing the nature of guidance in FASB ASC Topic 270, Interim Reporting.

AICPA to Congress: Delay needed in BOI reporting deadline

AICPA to Congress: Delay needed in BOI reporting deadline

Without a delay, “millions of small business owners become accidentally and unknowingly delinquent in their compliance,” reads the letter, signed by CEO Barry Melancon, CPA, CGMA.

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The use of Portuguese AIFs: a rising trend among investors

The use of Portuguese AIFs: a rising trend among investors

A spate of reforms has added to the growing appeal of Portuguese alternative investment funds. José Maria Cabral Sacadura and Francisco Soares Machado of Cuatrecasas explain the various vehicles available and the applicable tax framework

IMF recommends Malta speeds up pillar two implementation

IMF recommends Malta speeds up pillar two implementation

Malta risks ceding tax revenues to jurisdictions that adopt the global minimum tax sooner, the IMF said

$492bn lost in tax revenues to havens each year: report

$492bn lost in tax revenues to havens each year: report

The UK and what has been dubbed its ‘second empire’ have been found to be responsible for 26% of all countries’ tax losses by the Tax Justice Network

Taxation of cross-border teleworking: trends and concerns at the European level

Taxation of cross-border teleworking: trends and concerns at the European level

Claudia Sofianu and Dan Răut of EY Romania discuss the growing challenges of cross-border teleworking, highlighting the complexities of taxation rights and the need for clearer and more unified EU regulations

Potential Trump corporate tax rate cut could threaten Ireland: experts

Potential Trump corporate tax rate cut could threaten Ireland: experts

Ireland offers more than just its competitive corporate tax environment but a reduction in the US rate under a Trump administration could affect the country, experts tell ITR

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A ‘seismic shift’: UK experts on private school VAT policy

A ‘seismic shift’: UK experts on private school VAT policy

The government’s move is potentially the most seismic shift to VAT since it was first introduced, one expert argues

This month in indirect tax: EU finalises ViDA proposal

This month in indirect tax: EU finalises ViDA proposal

Slovakia increases VAT rate, Chile goes big on VAT reform and more

The new special VAT scheme for EU SMEs: barrier or benefit?

The new special VAT scheme for EU SMEs: barrier or benefit?

With the modified regime coming into effect from January 1 2025, Fernando Matesanz of Spanish VAT Services explains the new provision for cross-border transaction exemptions and related compliance complexities for SMEs

Kingsley Napley enlisted for private school VAT legal challenge

Kingsley Napley enlisted for private school VAT legal challenge

The Independent Schools Council is bringing litigation against the UK government for what it calls an ‘unprecedented education tax’

‘Our clients will be disappointed’: Experts criticise UK chancellor’s Budget

‘Our clients will be disappointed’: Experts criticise UK chancellor’s Budget

The UK is ‘heading to Scandinavia’ as its tax burden increases and isn’t creating an attractive environment for a wave of investment, experts have told ITR

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OECD statistics show record number of closed MAP cases

OECD statistics show record number of closed MAP cases

Approximately 74% of MAP cases in 2023 reached a full resolution, but new transfer pricing MAP cases fell by 16%

Blinded by finance: international tax has a money problem

Blinded by finance: international tax has a money problem

The BEPS project has seen the arm’s-length principle shift its focus to where human activity takes place, but Leonard Wagenaar questions if this is sustainable in a financialised world

Finding the tax basis in intercompany transfers of Chinese equity

Finding the tax basis in intercompany transfers of Chinese equity

Anticipating potential changes in tax basis interpretations can help reduce audit risks in tax planning for intercompany equity transfers, says Abe Zhao of FenXun partners

New UAE corporate tax guidance 'a practical resource', expert indicates

New UAE corporate tax guidance 'a practical resource', expert indicates

The new guide also covers transfer pricing and states that all transactions between related parties must be at arm’s-length

Italy: The selection of the ‘best’ transfer pricing method

Italy: The selection of the ‘best’ transfer pricing method

Federico Vincenti and Carola Valente of Valente Associati GEB Partners/Crowe Valente analyse a transfer pricing-related ruling by the Italian Supreme Court that effectively clarifies the role of OECD guidelines and the ‘best method’ rule

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